In an attempt to bring lenders and borrowers together following the financial cr

Question

In an attempt to bring lenders and borrowers together following the financial crisis of 2008, the federal reserve made a large amount of new funds available to financial markets. Any of these loaned out by banks would be classified as __________ of the banks. A. Excess reserves B. Required reserves C. Deposits D. Liabilities
In an attempt to bring lenders and borrowers together following the financial crisis of 2008, the federal reserve made a large amount of new funds available to financial markets. Any of these loaned out by banks would be classified as __________ of the banks. A. Excess reserves B. Required reserves C. Deposits D. Liabilities
A. Excess reserves B. Required reserves C. Deposits D. Liabilities

Explanation / Answer

Correct Answer:

A. Excess reserves

Explanation:

Banks have loaned out these funds, made available to financial market. Thus, they will be classified as Excess reserves.

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